Multi-family properties consist of two or more residential units within the same building, including duplexes, triplexes, fourplexes, and apartment complexes. These properties generate rental income, appreciate in value over time, and provide an efficient way to scale a real estate portfolio.
Why Invest in Multi-Family Real Estate?
Consistent Rental Income: Owning multiple units ensures multiple revenue streams.
Enhanced Financing Options: Programs like MLI Select offer favorable loan terms for multi-family acquisitions.
Portfolio Expansion: Managing one property with multiple units is more efficient than handling multiple single-family rentals.
Tax Savings: Investors benefit from depreciation write-offs and deductible expenses.
The Most Strategic Way to Build Wealth Through Real Estate
Imagine acquiring a high-income property with minimal upfront investment—putting down as little as 5% and spreading payments over 50 years. The MLI Select Program makes this achievable, though eligibility requirements apply. If you’re looking to maximize returns through multi-family real estate, we’ll help navigate the entire process.
**Capitol Hill, NW, ** Close to SAIT and University. This thoughtfully designed courtyard-style 4-plex offers a unique blend of modern living, functional layouts, and strong income potential. The development features four upper homes and four self-contained basement suites, creating a total of eight residential units arranged around a welcoming central courtyard. At the front of the property are two striking three-storey homes designed to create a strong architectural presence from the street. Each front residence offers three bedrooms and 2.5 bathrooms spread across three levels, providing spacious and comfortable living for families or long-term tenants. The main level features open and functional living spaces ideal for everyday living and entertaining. The highlight of these homes is the private third-floor master retreat, which includes a spacious primary bedroom with an ensuite bathroom and direct access to a private balcony. This upper-level suite offers a quiet and elevated living space, perfect for relaxation while enjoying fresh air and views from the balcony. The remaining bedrooms are thoughtfully positioned to provide flexibility for family living, home offices, or guest rooms. At the rear of the property are two well-designed two-storey homes, each also offering three bedrooms and 2.5 bathrooms. These homes feature practical and comfortable layouts that maximize usable living space while maintaining privacy and functionality. The primary bedroom includes its own ensuite bathroom, creating a private retreat within the home. The additional bedrooms provide flexibility for families, shared living arrangements, or work-from-home setups. Adding significant value and versatility to the property are four independent basement suites. The lower level includes two two-bedroom suites and two one-bedroom suites, each designed as a fully self-contained living space with separate access. These suites provide excellent rental opportunities and allow for diversified income streams within a single property. The development is centered around a private shared courtyard, creating a welcoming outdoor environment for residents. This courtyard concept enhances the sense of community while maintaining privacy for each home. Parking and storage needs are addressed with four single garages, offering secure and convenient parking for residents. This well-planned multi-family property represents a rare opportunity to combine comfortable residential living with strong long-term investment potential in a thoughtfully designed courtyard community. Walking distance to shopping at North Hill Mall, C-Train, Confederation Park and pathways, SAIT. Minutes to the downtown core, U of C, Foothills and Children's Hospitals and so much more.
Data was last updated September 16, 2026 at 06:05 AM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$2,925,000
Min list price:
$990,000
Max list price:
$12,499,999
Avg days on market:
67
Min days on market:
4
Max days on market:
424
Avg price per sq.ft.:
$585.66
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
At New Homes Alberta, we pride ourselves on being more than just a real estate team; we are your neighbors, your community members, and your best guide to the Alberta real estate market. Born and raised right here in Alberta, our team embodies a deep-rooted understanding of the local landscape, offering insights and expertise that can only come from true locals.
The majority of New Build and Pre Construction real estate teams are based out of province, with Toronto being a prominent location for most of these agents. However, in order to invest in the right preconstruction project to maximize return and enjoyment, it is essential to work with a team of agents who not only are in the location in which you plan on investing in, but also knows the area market inside and out.
Joshua Clark
Founder of iConz Global Network
Mike Hale
Former CPA
A multi-family home is a property with two or more rental units. Common types include duplexes, triplexes, fourplexes, and apartment buildings with multiple units.
A single-family home is designed for one household, whereas a multi-family home consists of multiple units that can be rented out to different tenants, creating multiple income streams.
Yes! Multi-family properties provide consistent rental income, better financing options, scalability, and long-term appreciation, making them one of the best strategies for building wealth in real estate.
Yes, but only under the MLI Select Program offered by CMHC. This program allows investors to purchase multi-family homes with 5% down and a 50-year amortization, provided the property meets eligibility criteria. Contact us, for more information on the MLI Select Program.
The MLI Select Program provides longer amortization, lower down payments, and better financing terms for properties that meet CMHC’s scoring system based on affordability, environmental impact, and accessibility.
We conduct a pro forma financial analysis, factoring in cash flow, cap rates, appreciation potential, and expense ratios to ensure you make a profitable investment.
No. You can invest remotely with our full-service support, but CMHC favors investors who live within a commutable distance of their investment. If you’re from out of province, we can help you partner with a local investor to meet CMHC’s requirements.
Rental income is based on market rent, unit type, location, and demand. We provide detailed rental market analysis to help investors project cash flow.
Yes. Investors can depreciate the property, deduct expenses (mortgage interest, repairs, property management), and use capital gains strategies to reduce taxes.
Each city has zoning regulations that dictate how many units can be built, parking requirements, and tenant rules. Our team ensures your investment aligns with local zoning laws.